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| Semester | spring semester 2021 |
| Course frequency | Every spring sem. |
| Lecturers | Sébastien Kraenzlin (sebastien.kraenzlin@unibas.ch, Assessor) |
| Content | The colloquium will focus on developments of money markets and on the monetary policy implementation. From a monetary policy point of view, money markets are very important for the implementation and transmission of monetary policy. The colloquium will thus address the issues: What is the current state of money markets (environment with excess liquidity and/or negative interest rates) and going forward, what are the implications of post-crisis regulatory reform (i.e. Basel III)? During the crisis, central banks have implemented non-standard measures (outright purchases of corporate and government bonds and/or foreign currency) and thereby increased market liquidity. Central banks have various tools at hand to manage interest rates in an environment of excess reserves/ liquidity. The colloquium will thus also focus on the key objectives of a monetary policy implementation framework and how it will evolve when monetary policy will be normalized (e.g. unwind of large-scale asset purchases). |
| Bibliography | A list of acedamic papers will be uploaded soon. |
| Weblink | Weblink |
| Admission requirements | Completed Bachelor in Business and Economics Preferably the course 26784 Applied Monetary Policy |
| Course application | As the course is restricted to 10 students, please enrol by Email to sebastien.kraenzlin@unibas.ch until Feb 17, 2021. If you get admitted to the course please enrol in MOnA. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| unregelmässig | See individual dates | ||
| Date | Time | Room |
|---|---|---|
| Wednesday 03.03.2021 | 10.15-14.00 | - Online Präsenz -, -- |
| Wednesday 10.03.2021 | 10.15-14.00 | - Online Präsenz -, -- |
| Wednesday 28.04.2021 | 10.15-14.00 | - Online Präsenz -, -- |
| Modules |
Module: Electives (Master's Studies: Business and Economics) |
| Assessment format | end-of-semester examination |
| Assessment details | Seminar paper of about 10 pages and presentation of it. |
| Assessment registration/deregistration | Registration: course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |